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Asian Equities Traded in the US as American Depositary Receipts Lower in Wednesday Trading
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Asian Equities Traded in the US as American Depositary Receipts Lower in Wednesday Trading
Jul 30, 2025 7:40 AM

10:27 AM EDT, 07/30/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were lower Wednesday morning, declining 0.39% to 2,400.59 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by fintech firm Pintec Technology ( PT ) and computer hardware maker Canaan (CAN), which rose 4.8% and 2.7% respectively. They were followed by consumer lending firm Qudian ( QD ) and semiconductor company Himax Technologies ( HIMX ) , which were up 1.7% and 1.2% respectively.

The decliners from North Asia were led by fintech company Eason Technology ( DXF ) and financial services company CNFinance ( CNF ) , which dropped 10% and 6.6% respectively. They were followed by fintech firm Maase ( MAAS ) and mobile app developer Cheetah Mobile ( CMCM ) , which lost 6.2% and 5.7% respectively.

From South Asia, the only gainers were telecommunications operators Telekomunikasi Indonesia (TLK) and PLDT ( PHI ) , which increased 0.5% and 0.3% respectively.

The decliners from South Asia were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Wipro ( WIT ) , which fell 3.8% and 1.6% respectively. They were followed by tech conglomerate Sea (SE) and financial services company ICICI Bank ( IBN ) , which were down 1.5% and 1.4% respectively.

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